# PPP loan: MODERN COFFEE ENTERPRISES INCORPORATED
> **$423K** approved 02/03/2021 · Paid in Full · Loan `2067108403`
## Borrower
- **Name:** MODERN COFFEE ENTERPRISES INCORPORATED
- **Address:** 4059 Emery St, Emeryville, CA, 94608-3601
- **NAICS:** 722515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $423K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*